- Sembawang North Region (Singapore) Singapore
Singlife Hiring! Full Time Associate, Control - Reporting in North Region (Singapore) - Ricebowl
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Job Description
Responsibilities
Singlife is a leading homegrown financial services company, offering consumers a better way to financial freedom. Through innovative, technology-enabled solutions and a wide range of products and services, Singlife provides consumers coantrol over their financial wellbeing at every stage of their lives.
In addition to a comprehensive suite of insurance plans, employee benefits, partnerships with financial adviser channels and bancassurance, Singlife offers investment and advisory solutions through its GROW with Singlife platform. It also offers the Singlife Account, a mobile-first insurance savings plan.
Singlife is the exclusive insurance provider for the Ministry of Defence, Ministry of Home Affairs and Public Officers Group Insurance Scheme. Singlife is also an official signatory of the United Nations Principles for Sustainable Insurance and the United Nations-supported Principles for Responsible Investment, affirming its commitment to finding a better way to sustainability.
The merger of Aviva Singapore and Singlife was announced in September 2020 and created one of the largest homegrown financial services companies in Singapore in a deal valued at S$3.2 billion. It was the largest insurance deal in Singapore at the time. Singlife was subsequently acquired by Sumitomo Life in March 2024, one of Japan’s leading life insurers, which valued Singlife at S$4.6 billion, making the transaction one of the largest insurance deals in Southeast Asia.
Responsibilities
In addition to a comprehensive suite of insurance plans, employee benefits, partnerships with financial adviser channels and bancassurance, Singlife offers investment and advisory solutions through its GROW with Singlife platform. It also offers the Singlife Account, a mobile-first insurance savings plan.
Singlife is the exclusive insurance provider for the Ministry of Defence, Ministry of Home Affairs and Public Officers Group Insurance Scheme. Singlife is also an official signatory of the United Nations Principles for Sustainable Insurance and the United Nations-supported Principles for Responsible Investment, affirming its commitment to finding a better way to sustainability.
The merger of Aviva Singapore and Singlife was announced in September 2020 and created one of the largest homegrown financial services companies in Singapore in a deal valued at S$3.2 billion. It was the largest insurance deal in Singapore at the time. Singlife was subsequently acquired by Sumitomo Life in March 2024, one of Japan’s leading life insurers, which valued Singlife at S$4.6 billion, making the transaction one of the largest insurance deals in Southeast Asia.
Responsibilities
- Conduct due diligence on new and existing accounts, and clients to ensure compliance with regulatory requirements and internal policies
- Analyze and verify client information, documentation and financial transactions
- Identify and highlight any potential fraudulent transactions and inconsistencies
- Ensure accurate and timely execution of all client/advisor tasks, not limited to onboarding, maintenance, transfers and trade submissions.
- Handle questions and provide support to internal and external stakeholders
- Archive client documentation and trade records systematically and securely
- Reconcile monies and ensure all transactions are accurately reflected in client records
- Prepare and submit various administrative documents as required
- Perform any ad hoc duties assigned, contributing to the overall efficiency and effectiveness of the department
- Minimum 1-2 years of experience in financial operations
- Competency in Excel (preferred)
- Academic: Diploma and above (preferred)
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